Proposed app for spending bitcoins at most stores and restaurants

[Elwar]

There are several gift card sites, Gyft, Egifter and now CardCash will start accepting bitcoins.

Having used these they are a great solution. But could be better.

Right now you buy a card in $5 increments on Gyft instantly, in $1 increments on Egifter after some time. So it is not ideal for just going to a store and getting your total then buying in bitcoins only the amount you want to use.

But what if you had an app where you pre-load some spending money in bitcoins. Then when you get the bill you just type in the amount of the bill and you are given a gift card code with the exact amount of the purchase and that amount is deducted from your bitcoin amount.

A third party company could easily do this by buying enough of each card available on each of these sites and as they are used, just automatically buy more. Considering most of these places offer discounts of 3% to 5% for their cards you could take 1-2% for each transaction as a profit.

Or the companies themselves could do this on their own to avoid the middleman.

[Elwar]

Hmm, looks like this might be in the works already.

https://foldapp.com/

[jdebunt]

Hmm, looks like this might be in the works already.

https://foldapp.com/

Fold ahs been focusing on Starbucks, with plans to add Whole Foods and other major chains soon.

However, on an international (read: European) level, such an app would be more than welcome

[melisande]

Hmm, looks like this might be in the works already.

https://foldapp.com/

Despite that I believe in a healthy competitions, this should not stop you from making your own app and fulfil your dreams, you can even make it more unique with additional different features.